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Nubeva (TSXV:NBVA) awarded U.S. patent for ransomware decryption technology

Technology
TSXV:NBVA
09 November 2022 09:30 (EDT)

Source: Nubeva Technologies.

Nubeva Technologies (NBVA) has received a patent for its Session Key Intercept technology related to ransomware decryption.

The technology detects and monitors computer encryption in real-time, retrieves session keys, and makes them available for decryption use.

Nubeva holds a variety of encryption and cloud-based computing patents that are used in all its product offerings.

This patent adds to a growing set of existing and pending patents that protect the company’s innovation and intellectual property, which is especially related to its ransomware reversal decryption solutions.

“This patent validates Nubeva’s revolutionary technology and sets us apart as a user-friendly ransomware reversal option for organizations of all sizes and budgets,” said Greig Bannister, Nubeva’s chief technology officer.

“It underpins Nubeva’s ability to continue as an effective solution against ransomware now and far into the future,” he added.

Nubeva Technologies provides decryption solutions for faster, lower-cost recovery from ransomware attacks.

Its mission is to reduce downtime costs and damages so that businesses never pay ransoms again.

Nubeva Technologies Ltd. opened trading at $0.75 per share.


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